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Showing posts with label nifty outlook. Show all posts
Showing posts with label nifty outlook. Show all posts

Tuesday, August 2, 2011

NIFTY futures for tomorrow 3-8-2011 and week


With global economic uncertainity at all high and US economy in shatter mode, Indian stock markets are also following it's peers and is in downward mode.

If Nifty Breaks 5466-88 level will create panic and next good support should be available at 5177 level. Closing below 5177 will take down nifty to unexpected levels. any growth above 5511 will put nifty in range bound for rest of this week. so bulls have to keep 5444-spot as stoploss for all longs.

 

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